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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Trade Desk's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$1.20 B | $1.58 B | $1.95 B | $2.44 B | $2.90 B |
| Cost of Revenue |
|
$221.55 M | $281.12 M | $365.60 M | $472.01 M | $619.07 M |
| Gross Profit |
|
$974.91 M | $1.30 B | $1.58 B | $1.97 B | $2.28 B |
| Research & Development |
|
$226.14 M | $319.88 M | $411.79 M | $463.32 M | $525.14 M |
| Selling,General & Administrative |
|
$623.96 M | $863.14 M | $968.25 M | $1.08 B | $1.16 B |
| Operating Expense |
|
$850.10 M | $1.18 B | $1.38 B | $1.55 B | $1.69 B |
| Operating Income |
|
$124.82 M | $113.65 M | $200.48 M | $427.17 M | $589.32 M |
| Net Income |
|
$137.76 M | $53.39 M | $178.94 M | $393.08 M | $443.30 M |
Trade Desk's Assets vs Liabilities & Equity
Trade Desk's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$958.78 M | $1.45 B | $1.38 B | $1.92 B | $658.18 M |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$3.09 B | $3.85 B | $4.31 B | $5.34 B | $5.26 B |
| Property,Plant and Equipment |
|
$369.95 M | $394.16 M | $359.15 M | $473.09 M | $738.86 M |
| Goodwill |
|
- | - | - | - | - |
| Total Assets |
|
$3.58 B | $4.38 B | $4.89 B | $6.11 B | $6.15 B |
| Total Liabilities |
|
$2.05 B | $2.27 B | $2.72 B | $3.16 B | $3.67 B |
| Retained Earnings |
|
$612.13 M | $665.51 M | $196.95 M | $354.25 M | -$590.91 M |
| Total Shareholder Equity |
|
$1.53 B | $2.12 B | $2.16 B | $2.95 B | $2.48 B |
| Common Stock |
|
- | - | - | - | - |
Trade Desk's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$42.22 M | $54.43 M | $80.42 M | $87.49 M | $115.78 M |
| Dividends Payout |
|
- | - | - | - | - |
| Capital Expenditures (Capex) |
|
-$59.97 M | -$91.89 M | -$55.02 M | -$107.06 M | -$197.01 M |
| Free Cash Flow (FCF) |
|
$318.54 M | $456.85 M | $543.30 M | $632.39 M | $795.71 M |
Trade Desk's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$974.91 M | $1.30 B | $1.58 B | $1.97 B | $2.28 B |
| Gross Profit Margin (%) |
|
81.48% | 82.18% | 81.21% | 80.69% | 78.63% |
| Operating Income |
|
$124.82 M | $113.65 M | $200.48 M | $427.17 M | $589.32 M |
| Operating Income Margin (%) |
|
10.43% | 7.20% | 10.30% | 17.47% | 20.35% |
| Net Income |
|
$137.76 M | $53.39 M | $178.94 M | $393.08 M | $443.30 M |
| Net Income Margin (%) |
|
11.51% | 3.38% | 9.19% | 16.08% | 15.31% |
| EBITDA |
|
$167.04 M | $168.08 M | $280.90 M | $514.66 M | $774.54 M |
| EBITDA Margin (%) |
|
13.96% | 10.65% | 14.43% | 21.05% | 26.74% |
Trade Desk's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
9.02% | 2.52% | 8.27% | 13.33% | 17.84% |
| Return on Assets (ROA) |
|
3.85% | 1.22% | 3.66% | 6.43% | 7.20% |
| Debt to Equity |
|
18.63% | 12.34% | 10.90% | 10.59% | 17.56% |
| Debt to total asset |
|
7.96% | 5.96% | 4.83% | 5.11% | 7.09% |
| Enterprise value to revenue |
|
36.13 | 13.35 | 17.75 | 23.17 | 6.21 |
| Enterprise value to EBITDA |
|
258.80 | 125.30 | 122.99 | 110.05 | 29.60 |
| Enterprise value |
|
$43.23 B | $21.06 B | $34.55 B | $56.64 B | $18.00 B |
| Tax Rate (%) |
|
-12.89% | 58.09% | 33.23% | 22.52% | 32.71% |
Frequently Asked Questions
